TOP STORY Locale raises $11 million in Series A funding US: Austin-based aparthotel company Locale has raised $11 million in Series A funding led by Amplo Ventures. LATEST NEWS FEATURES VIDEOS Editor's comment
14-01-2020
• Dash Living's acquisition of Singapore co-living firm Easycity is a great example of the blurring of boundaries between hospitality and real estate asset classes that is defining our industry.
Dash is a true hybrid operator, offering serviced apartments, hotel rooms and co-living units in Hong Kong, and now Singapore. It describes itself as a "serviced living community". Interestingly, from its beginnings offering apartments to digital nomads, the company says co-living is now its fastest-growing product. In October 2019, it launched a 51-unit co-living product in Hong Kong occupying four floors of en suite studio bedrooms and almost 2,000 square feet of communal space. Now, with the addition of a further 200 units in Singapore, it is becoming a major player in SE Asia's co-living market.
This blurring of boundaries will be a dominant theme at two of our exciting forthcoming events too - RECHARGE, which takes place in Barcelona next week, and the first Urban Living Festival, which is being staged in London on July 1 and 2. Both events will not only give an up-to-the-minute snapshot of the market but will also see industry pioneers charting the future direction of urban real estate and hospitality. Don't miss out on your chance to participate!
George Sell, editor Katie Houghton
Group head of sales: +44 (0)7535 135 116
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